VIDEO: May provides boost to General Fund revenue
BPC Staff Jun 13, 2016 | 8:33 pm
<1 min read time
0 wordsAll Latest News, Government Policy and Law, VideoThe month of May provided a good boost to year-to-date net General Fund revenue, but net revenue growth this fiscal year is about seven-tenths of a percentage point below expectations, said Jeff Robinson, a senior fiscal analyst for the Legislative Services Agency, in his monthly video memo. Growth for the year has been concentrated in income tax withholding and to a smaller extent, sales tax. The results indicate that the Iowa economy continues to expand, but at a muted pace.